For crop producers, margins have narrowed rapidly over the last couple of years, putting a lot of stress on the crop side of the balance for farm income.
As he was announcing billions of dollars in relief payments to farmers, Bloomberg said President Trump pressured farm equipment manufacturers to drop their prices.
Signups start Monday for the second round of disaster payments covering 2023 and 2024, as USDA readies its much-awaited tariff relief package expected out in December.